7, RUSSETT WAY, KINGS HILL, WEST MALLING, ME19 4FJ - £480,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 RUSSETT WAY is a very small detached house of 103m², built sometime between 1996 and 2002. It was last sold for £480,000 in May 2017, which was around 16% below the average May 2017 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

7 RUSSETT WAY Sold Prices

Land registry data shows four sales for 7 RUSSETT WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. Most of the four 7 RUSSETT WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 19 MAY	£480,000	£574,699	16% below HPI
2007 18 MAY	£335,000	£377,893	11% below HPI
2002 13 MAR	£228,000	£252,990	10% below HPI
1997 14 FEB	£136,950	£127,506	7% above HPI

7 RUSSETT WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tonbridge and Malling local authority area over time, sourced from the HPI. The four 7 RUSSETT WAY sales between February 1997 and May 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2017 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 7 RUSSETT WAY?

7 RUSSETT WAY is 103m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses in Kings Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Kings Hill, and where 7 RUSSETT WAY lies on this distribution: 12% of detached houses are smaller than 7 RUSSETT WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Kings Hill.

7 RUSSETT WAY: Plot and Title Map

7 RUSSETT WAY sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 7 RUSSETT WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 RUSSETT WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 RUSSETT WAY?

7 RUSSETT WAY is located in KINGS HILL, in the ME19 postcode district. The below map shows the position of No. 7 on RUSSETT WAY.